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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

26244 Tx-105 Montgomery, TX 77316

9,026 SF Built 2021
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a 9,026 square foot retail property located at 26244 TX-105, Montgomery, TX 77316. The property is currently leased to Dollar General under a triple-net (NNN) lease, absolving the owner of all landlord responsibilities. The lease commenced July 26, 2021, and has a remaining term of approximately 11.7 years, with three five-year renewal options. The asking price is $2,035,000, representing a compelling cap rate of 5.65% and a price per square foot of $225.46. The property boasts a strong net operating income (NOI) of $114,971. Built in 2021, this Class A retail space benefits from a corporate guarantee from Dollar General, a Fortune 500 company with a history of consistent growth and over 17,000 stores nationwide. The property's location within Montgomery County, Texas, offers significant advantages, including a high average household income exceeding $105,514 within a three-mile radius and a robust growth rate of over 37% within a five-mile radius over the past decade. Its proximity to Houston, a major metropolitan area, further enhances its investment potential. This is a rare opportunity to acquire a high-quality, net-leased retail property with a strong tenant and significant long-term growth prospects.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2021
Total area 9,026 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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